SHIPBREAKING INDUSTRIES LIMITED
🌳Matureactive
SC020569 · ltd · incorporated 1938-08-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 59.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
57/100
Worth a look
What this business does
Primary activity: SIC 28290
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 57/100 (worth a look), bankability 50/100. Strong seller-intent signal (63/100, director aged 65). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 59.4y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 59.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 11 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
19 connected companies via shared directors
90
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2018-04-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2018-04-10📄gazette-notice-compulsorygazette · GAZ1
- 2017-07-06📄court-ordermiscellaneous · OC-DV
- 2015-07-24📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-07-24🏁Company dissolved
- 2015-04-15📄memorandum-articlesincorporation · MA
- 2015-04-15📄resolutionresolution · RESOLUTIONS
- 2015-04-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2015-03-18📄dissolution-application-strike-off-companydissolution · DS01
- 2015-03-16📄resolutionresolution · RESOLUTIONS
- 2015-03-16📄legacycapital · SH20
- 2015-03-16📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2015-03-16⚠️legacyinsolvency · CAP-SS
- 2015-03-16📄resolutionresolution · RESOLUTIONS
- 2014-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-06-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-07-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-08-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-04-13📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2012-04-13📄termination-director-company-with-nameofficers · TM01
- 2012-04-13📄appoint-person-director-company-with-nameofficers · AP01
- 2012-04-13📄termination-director-company-with-nameofficers · TM01
- 2012-04-13📄appoint-person-director-company-with-nameofficers · AP01
- 2012-04-13📄termination-director-company-with-nameofficers · TM01
- 2012-03-20➕600 UK LTD appointedcorporate-secretary
- 2012-03-20➕CARRICK, Neil Richard appointeddirector
- 2012-03-20➕TAYLOR, Richard James appointeddirector
- 2012-03-20➖GREEN, Arthur Richard resignedsecretary
- 2012-03-20➖GREEN, Arthur Richard resigneddirector
- 2012-03-20➖WAKEMAN, Martyn Gordon David resigneddirector
- 2012-03-20➕600 UK LTD appointedcorporate-director
- 2012-03-20➖600 UK LTD resignedcorporate-director
- 2011-03-14➕GREEN, Arthur Richard appointedsecretary
- 2011-03-14➖MYERS, Alan Roy resignedsecretary
- 2011-03-14➕GREEN, Arthur Richard appointeddirector
- 2011-03-14➖MYERS, Alan Roy resigneddirector
- 2006-12-20➖FUSSEY, John Rowntree resigneddirector
- 2006-12-20➕WAKEMAN, Martyn Gordon David appointeddirector
- 2002-02-19➕DALGLEN SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-02-19➖DALGLEN SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-08-20➕FUSSEY, John Rowntree appointeddirector
- 1997-08-20➖GASKELL, Colin Simister resigneddirector
- 1996-05-07➕GASKELL, Colin Simister appointeddirector
- 1996-05-07➖MILLS, Stanley George resigneddirector
- 1995-01-01➕MYERS, Alan Roy appointedsecretary
- 1995-01-01➕MYERS, Alan Roy appointeddirector
- 1994-12-31➖ASHTON, Hubert Ernest resignedsecretary
- 1994-12-31➖ASHTON, Hubert Ernest resigneddirector
Showing most recent 50 of 56 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
74/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 88 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2015-12-31
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-07-08
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2015-03-16: legacy
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| SINCLAIRS SOFT FURNISHINGS LIMITED→ SC426042 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| SLSS LTD→ SC599257 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SPARTICLE IT SOLUTIONS LTD→ SC700085 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| STEDETRADSTEEL (SCO) LTD→ SC791222 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| STRIKE (SCOTLAND) LTD→ SC771177 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SUPRAMOBILI LTD→ SC571075 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| TAXI GAME LTD.→ SC494968 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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| TECH BAR LIVI LIMITED→ SC626220 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1938-08-22
Jurisdictionscotland
Primary SIC28290 — SIC 28290
Registered office
No 2 Lochrin Square
96 Fountainbridge
Edinburgh
EH3 9QA
Filing status
Accounts
Next due: 2015-12-31OVERDUE
Last made up to: 2014-03-29
Confirmation statement
Next due: 2017-07-08OVERDUE
Last: —
Officers (3 active · 14 resigned)
600 UK LTD→
Activecorporate-secretary · appointed 2012-03-20
View their other companies + combined net worth →
CARRICK, Neil Richard→
Activedirector · ~65y · appointed 2012-03-20
View their other companies + combined net worth →
TAYLOR, Richard James→
Activedirector · ~55y · appointed 2012-03-20
View their other companies + combined net worth →
ASHTON, Hubert Ernest→
Resignedsecretary · resigned 1994-12-31
GREEN, Arthur Richard→
Resignedsecretary · appointed 2011-03-14 · resigned 2012-03-20
MYERS, Alan Roy→
Resignedsecretary · appointed 1995-01-01 · resigned 2011-03-14
DALGLEN SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-02-19 · resigned 2002-02-19
ASHTON, Hubert Ernest→
Resigneddirector · ~96y · appointed 1991-09-04 · resigned 1994-12-31
BEATON, Ian Gordon→
Resigneddirector · ~102y · resigned 1989-08-31
FUSSEY, John Rowntree→
Resigneddirector · ~80y · appointed 1997-08-20 · resigned 2006-12-20
GASKELL, Colin Simister→
Resigneddirector · ~89y · appointed 1996-05-07 · resigned 1997-08-20
GREEN, Arthur Richard→
Resigneddirector · ~74y · appointed 2011-03-14 · resigned 2012-03-20
MILLS, Stanley George→
Resigneddirector · ~95y · appointed 1989-09-01 · resigned 1996-05-07
MYERS, Alan Roy→
Resigneddirector · ~80y · appointed 1995-01-01 · resigned 2011-03-14
WAKEMAN, Martyn Gordon David→
Resigneddirector · ~71y · appointed 2006-12-20 · resigned 2012-03-20
WINTER, Geoffrey Duncan→
Resigneddirector · ~99y · resigned 1991-09-04
600 UK LTD→
Resignedcorporate-director · appointed 2012-03-20 · resigned 2012-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wm. Brandt's Sons & Co. Wm. Brandt's Sons & Co. LTD | Mortgage | 1 property | 08/12/1966 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2018-04-17
gazette-notice-compulsory
gazette · GAZ1
2018-04-10
court-order
miscellaneous · OC-DV
2017-07-06
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-07-24
memorandum-articles
incorporation · MA
2015-04-15
resolution
resolution · RESOLUTIONS
2015-04-15
gazette-notice-voluntary
gazette · GAZ1(A)
2015-04-03
dissolution-application-strike-off-company
dissolution · DS01
2015-03-18
resolution
resolution · RESOLUTIONS
2015-03-16
legacy
capital · SH20
2015-03-16
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2015-03-16
legacy
insolvency · CAP-SS
2015-03-16
resolution
resolution · RESOLUTIONS
2015-03-16
accounts-with-accounts-type-dormant
accounts · AA
2014-12-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-30